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‘Pointless issues further shorten Fund’s lifespan’

Issues surrounding the newly enacted Derivative Beneficiaries Act are further shortening the predicted three-year lifespan of the NMI Retirement Fund, according to the beleaguered pension program’s investment consultant.
Posted On Sep 22 2011 23:05
, By

$102M compromise budget bill

After four days of working together from morning to early evening, an eight-member conference committee pre-filed late yesterday afternoon a $102-million compromise budget bill that will pave the way for the House and Senate to act on the fiscal year 2012 spending bill at 5pm today.
Posted On Sep 22 2011 23:04
, By

Attending a for-profit college? Buyer beware!

As I’ve been out meeting with numerous citizens across the Commonwealth, I have been surprised to hear about all of the students enrolling in the programs of for-profit colleges and universities. These will often have tuition rates averaging $40,000 for a two-year degree and up...
Posted On Sep 22 2011 22:52
, By

The moral of the story

The members and beneficiaries are not precluded in bringing lawsuit on behalf of the Retirement Fund even prior to the enactment of Public Law 17-51. They can do so even without this law. What makes it so burdensome to the Fund’s service providers is the fact that most of their...
Posted On Sep 22 2011 22:50
, By
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//September 22, 2011

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